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that said i will not vote for you. he wouldn't vote for a debt ceiling increase. leadership means the buck stops here. that's why i won't vote for raising the debt creteing. that is senator, senator obama in 2006. he voted against raising the debt ceiling. calls it unpatriot i cannot to do it now. >> dana: president obama was called out on this before. saying it was unpatriotic and lack of leadership. that's why you would vote against it. now it's unpatriotic if the patriot act hold you to spending reduction to get the debt level raised. major garrett at cbs now, asked a question. it was a long question or we'd play it for you. but i thought president obama could have answered it with more honesty, as opposed to yeah, i know. politics got in the way. >> kimberly: but he didn't. he wanted to say i know what you are talking about. >> dana: attack the questio questioner. that was then, this is now. >> kimberly: now he's head of the ma nar i can and he can do -- monarchy and he can do what he wants. he continues to demonize with the rhetoric and language those who disagree with him. because th
for the deal, but you have also said you wouldn't vote to raise the debt ceiling. are you still firm on that? congressman yoho, can you hear me? >> yeah, go ahead. >> i was saying, yeah, you have said that you will not vote to raise the debt ceiling, however you did vote for the fiscal cliff deal. do you still stand firm on the debt ceiling position? >> we, no, sir, i didn't vote for the fiscal cliff deal. i wasn't sworn in yet. but it's like we've said -- >> you said you wouldn't vote for it, if it were you. >> right. i agree. i did not say that, but i didn't vote that way. we've raised the debt ceiling seven times, and it hasn't resolved the problem. the only thing it's done is made us go more in dead. president obama yet on his news conference said raising the debt ceiling will not raise our debt ceiling. all we've raised the debt, we have to may more interest. that in it/will increase the spending. we have a spending problem in this country. that's what we need to address. >> what is your biggest bone of content with john boehner? you've been very public about the fact that you don't thi
voting for the debt ceiling when there is a republican president. but you never saw a situation in which democrats suggested somehow that we would go head and default if we didn't get 100% of our way that. is not how it's supposed to work. >> sean: i can't help but you remind that had obama in 2006 was a junior senator from illinois who opposed raising debt ceiling that. is right. barack obama scolding republicans for linking p spending cuts to raising debt ceiling himself voted against raising the debt ceiling. here is what the anointed one said in 2006, said leadership means the buck stops here, washington is shifting burden of bad choices today onto the backs of our children and our grandchildren. er america has a debt, and a failure of leadership. americans deserve better, i, therefore, intend to oppose the efforts to increase american's debt limit so he is doing what he said shouldn't be done. but in doing so is demonstrating his morale superiority. the second thing we saw today is on full display he said republicans were sus spishus about social security and government support for
in 2006, he voted against the debt ceiling. i just want to note that. i know it's 2013, but he voted against it. in fact, the senators, chuck schumer and harry reid and those who signed that letter, they all voted against the debt ceiling too. now, how does obama come away with that kind of history and accuse the republicans of shutting down the government and demonizing them? how does he do that? >> well, i think there's a long history of partisan hypocrisy and deal making on this deal. what we see obama doing is trying to take control of that political fight so that those who would get political advantage by say voting against raising the debt ceiling which tends to be popular. people -- you know, the american public, they hear debt ceiling and they think no, let's not do that. that sounds awful to give government more money to spend. he's trying to turn it around. but it absolutely is a dynamic that he exemplploited when he w senator. >> robert costa, let's look at this for a minute. republicans have a tricky situation. because the country does not want us to default. and this who
presented the president as kirstin just referenced on his prior voting record on debt ceilings. take a look at this exchange. >> what chuck and i and many people are curious about is this new adamant deviewer on your part not to negotiate when that seems to conflict with modern presidents on the debt ceiling and your own history on the debt ceiling. >> getting votes for the debt ceiling are always difficult and bulge nets this town are always difficult. this is the united states of america, major. we can't manage our affairs in such a way that we pay our bills and we provide some certainty in terms of how we may our bills. if we want to have a conversation about how to redust our deficit let's have that. we've been having that nor the last two years. we just had an entire campaign about it. by the way the american people agreed with me that we should reduce our deficits in a balanced way that takes into account the need for us to grow this economy. martha: bob beckel is former democratic campaign manager and cohost of the five. mary katherine ham is editor at large and fox news contributor.
ceiling and your own history of the debt ceiling. >> i think if you look at the history getting votes for the debt ceiling is always difficult. i don't think anybody would consider my position unreasonable here. >> you say you're not going to negotiate on the debt ceiling this year, why should house republicans take that seriously and think if we get to the one minute to midnight scenario that you're not going to back down. >> jewel anna, this is straight forward, either congress pays its bills or doesn't. >> are you prepared to allow the government to grind to a halt if, who do you think the american people would blame if that came to pass. >> i suspect the american people would blame all of washington for not being able to get its act together. >> greta: back in 2006 when president obama was then a senator he actually voted against raising the debt ceiling. so what has changed now? congressman jason chaffetz nice to see you. >> well, congress spending pushing and the president pushing for this? we have to stop the spending. like the alcoholic who won't give up his drink anymore, you
this very action today voted against raising the debt ceiling when george bush was president? where was the great constitutional resolve? >> i don't disagree with ow this. there are politics on both sides. i don't think anyone thinks this is going to pass. let's be clear. but there is growing frustration about the way the republicans are using this to go around the normal committee process -- >> neil: what were they doing seven years ago? were they going around the republican president to get their way? >> no. at the end of the day, the debt sewelling was raised. >> neil: then senator barack obama didn't want to do that because he wanted to send a message. so if republicans are of the same mind-set, what made it appropriate then and inappropriate now? >> because there was no imminent threat of the debt ceiling not being raised, right? these were protest vote ofs, as opposed to organized efforts -- >> neil: i don't know. i covered at the time. that was a close call. that was a close call. every prominent democrat voted to stop it. you are right nretrospect tdidn't happen and like the
and tell me why you think in 2006 he voted not to raise the debt ceiling and said the fact we're here today to debate raising the debt limit is a sign of leadership failure, the sign the u.s. government can't pay his own bills. what was he thinking there? >> voting against an increase of the debt kreeling is what you do in the opposition party. >> oh, okay. >> in congress. this is going back for the last many years. >> yeah. >> all the republicans in the senate voted for increases when bush was in office. they vote against it when obama is in office. and vice versa. the problem or challenges now is the house where republicans don't want to vote for it and we need them, you know, it is sort of a luxury you have when the opposition controls the house. you can vote against it and have a nice little sort of moral standing there but the business of the country goes on. we are in a situation where if the house gop doesn't do something, then we have a real problem. >> yeah. the difference there just to be clear to everybody, it's not just that the opposition party has traditionally voted as a matt
this debt ceiling craziness, or vote to increase the debt ceiling and also with the continuing resolution and the sequester, that we do things in a bipartisan way, but not necessarily with a majority of the majority in the house. >> stephanie: uh-huh. here is the president yesterday talking about his appointments. >> obama: i would suggest that everybody wait until they have seen all of my appointments who is in the white house staff and who is in my cabinet before they rush to judgment. >> stephanie: it reminds me congress woman, we talked about this yesterday -- we are really -- at lease you are -- trying to govern in unprecedented times. we have never seen the hostage with the debt limit, and every nominee that the president puts forward they oppose just because the president is for it. >> certainly in the 14 years that i have been here but i think some of those issues like the debt ceiling, this is absolutely new territory. >> stephanie: yeah even the republican party -- we have just not seen a version of it that it was willing to take the united states hostage
for the debt ceiling can sometimes be complicated. you, yourself, as a member of the senate, voted against a debt ceiling increase. and in previous aspects of american history -- president reagan in 1985, president george herbert walker bush in 1990, president clinton in 1997 -- all signed deficit reduction deals that were contingent upon or in the context of raising the debt ceiling. you, yourself, four times have done that. three times, those were related to deficit reduction or budget maneuvers. what chuck and i and i think many people are curious about is this new, adamant desire on your part not to negotiate, when that seems to conflict with the entire history in the modern era of american presidents and the debt ceiling, and your own history on the debt ceiling. and doesn't that suggest that we are going to go into a default situation because no one is talking to each other about how to resolve this? >> well, no, major, i think if you look at the history, getting votes for the debt ceiling is always difficult, and budgets in this town are always difficult. i went through this just la
consider my position unreasonable here. democrats don't like voting for the debt ceiling when the republican's president, but you never saw the situation in which democrats suggested somehow that we would go ahead and default if we didn't get 100% of our way, that's just not how it's supposed to work. >> sean: hearing that i can't help, but be reminded of obama's record on the debt ceiling, obama himself in 2006 when he was a junior senator from illinois who opposed raising the debt ceiling. that's right, barack obama, america's lecturer in chief scolding republicans for linking to the debt ceiling. here is what the anointed one said in march of 2006 leadership means the buck stops here, instead washington is shifting the burden of bad choices today on the backs of our children and grandchildren. america has a debt and a failure of leadership. americans deserve better i therefore intend to oppose the effort to increase america's debt limit. obama as senator did precisely what he's saying should not be done. but obama being obama and doing so, well, he's demonstrating his insuf
who made the point at the press conference yesterday well, you voted against the debt ceiling in 2006 so what's the deal? look this is -- 2010 -- 2011, after the 2010 election, the whole tea party wave was the first time that you saw republicans hold it hostage. and say unless you do what we want we're not raising the debt ceiling. democrats have never done that. they may have had a problem with the way the mechanics work but they never pushed an entire movement together and said we're not doing anything until you give us what you want. that's not governance. i don't think that's what any constituent wants at the end of the day. >> bill: i forget now i used to have that number at the top of my head. how many times under george w. bush -- >> 19 times. they voted 19 times. some $4 trillion they raised the debt ceiling 19 times under bush. without a peep, without a squeal. regular, standard votes. >> bill: no demands. >> no demands at all. >> bill: no unless you do this, we're going to shut it down. just 19 times. and now it is pure politics with barack obama. and i thought the president
the debt ceiling? >> the ultimate impact is the president will have to make some tough choices, but this is a guy who says, do as i say, not as i have done and you correctly point out he voted against raising the debt ceiling. suddenly the table has turned. if he was smart he would be more conciliatory to republicans instead of on-duty challenging them. gerri: far from it. the president says the responsible thing to do. making a like the republicans still want to do anything responsible for are not concerned about the nation's debt. what would be the consequences of letting the debt ceiling just -- not paying any attention to it? would it be hazardous? is this going to be something bad for the country? >> not necessarily. gerri: let's let brad answered. >> what happens is overnight the government has to go to a balanced budget. consider we have deficits of a trillion dollars plus. that is not an easy task even for those of us at the cato institute you want a dramatically smaller federal government. it does not mean default. the federal government is collecting ten times as much
against the debt ceiling increase. democrat president. dome kratz like the president voted against raising debt limit when he was in the senate and there was republican president. there is hypocrisy all over the place. what was particularly bothersome from the president we didn't hear from him any suggestion of where he wants us to go to solve the long-term problem. i go back to what we all understand is the cause of the problem here and that is entitlements and we need structural reform. melissa: last word real quick, we have to go. >> we'll never get to entitlement reform with a gun to your head that is what is happening with the debt ceiling. >> we didn't get to it before then. melissa: great discussion. next on "money", a stunning number of americans are using their 401(k)s to pay for every day expenses. a top financial planner said you couldn't make a worse decision. he is here to explain. we also asked for some other options if you're in this situation. >>> plus, demand for gas is falling to lows not seen in nearly a decade. many are giving credit to stiff fuel efficiency mandates. i
the president about this you know, historically the debt ceiling because it oftentimes difficult to get votes in congress to pass a debt ceiling, has often been accompanied by fiscal or deficit reduction measures. back in the '80s, the '90s and even in president's presidency himself he has signed four laws raising debt ceiling. three were tied to some sort of fiscal management, legislation itself. but the president now says i'm tired of negotiating all those things, raised the debt ceiling and then i will get on with other conversations with you about dealing with the sequester, the across-the-board spending cuts and other budget related issues. but not until you take care of the debt ceiling and get that off the table that was the president's principal message today and he got a lot of conversation about why not negotiate. he said he's to the going to. we'll leave it there at least for the time being. >> rose: what will the republicans do, will they shut down the government. >> no, not over the debt ceiling. they may over the continuing resolution this is not their best vehicle. my guess is
the president did likely to win this one. he'll say what he needs to do before the debt ceiling comes up for a vote. >> clearly a lot of confusion about that. cuba's new law easing travel restrictions began today pechl are taking advantage of it. >> they stood in long lines outside travel agencies and the u.s. interest section.g1u in havana. animalla lifts do not expect a mass exodus but they have questions in recent weeks. >> bee jirngs china facing an air quality emergency. look at the pictures. 62q calling pollution there hazardous saying this is the worst it's been in china. residents saygjhr there is a burning smell in the air smrks highways are closed and flights, cancelled. pollution blamed on the rapid inr industrial growth. and a rise in car ownership. just to give you an idea of how bad it is, the air pollution indmechl beijing is at 755. now, anything over a scale of 300 is considered an emergency. by comparison the scale in the united states doesn't go over 500. >> royal baby news, duke and duchess's baby expected in ju. a spokesman for the palace says her condition is contin
to be a tougher vote for republicans on the debt ceiling. will he get 25 or 30. >> john: alex we have 20 second left. let me ask you some republicans are talking about another government shutdown. do they not remember howed about that came across in 2011 not to say what newt gringrich did? are they getting desperate. >> well look, some of these republicans want to send the white house a message the message is they're serious about doing this. they'll tell you that their constituents want them to send a strong message to the white house. if they don't they could risk a primary in their own strict come next year. it makes the most season to potentially force a government shutdown. >> john: good guys. michael tomasky and isaac and alex isenstadt. here a cheap, there a cheap, everywhere a cheap... you get it. so, what if instead of just a cheap choice you could make a smart choice? like, esurance for example. they were born online and built to save people money from the beginning. it's what they've always done. not just something they cheap about. that's insurance for the mode
. is that what he's trying to do on the debt ceiling debate as well. >> you can the white house adopt a divide and conquer strategy for quite a bit of time. there are 85 house republicans who voted yes on the bill and created the margin it needed to pass. here's the interesting thing of those 85 republicans who voted yes. 70 of them came from blue states. states that voted for barack obama over mitt romney last november. in other words the white house is defending on some of these blue-state republicans. that means if the white house can drive a wedge between the blue state republicans and the red state presence he might be able to get dicey piece of legislation through the house. >> john: it seems to be a strategy. where does the debt ceiling fit into this? it just ensures that we pay the bills that we already spent. why are they talking about the two issues as if they're the same? >> why do they do a lot of things. but the question as that vote approaches in february or march whenever it's going to be, there are two questions actually. number one will boehner let a vote happen as he did with
a rather radical view of what it means to raise the debt ceiling. >> we made a mistake when we increased the debt limit the first time and gave this guy all the money to buy votes with. we shouldn't make the mistake now. >> this is a guy walking into a crowded room and saying i have a bomb strapped to my chest. and if you don't give me what i want, i'm going to blow up everybody, including myself. that a credible threat? well, there are some pretty crazy people there. it might be that they're willing to do it. but by the same token, obama cannot give into. this. >> fortunately, president obama showed no signs of giving in today. >> what i will not do is to have that negotiation with a gun at the head of the american people. the threat that unless we get our way, unless you gut medicare or medicaid, or otherwise slash things that the american people don't believe should be slashed, that we're going to threaten to wreck the entire economy. >> or to put it more simply. >> the issue here is whether or not america pays its bills. we are not a deadbeat nation. >> republicans, oh, they love to
raising the debt ceiling -- >> not enough -- >> some democrats. but not to this extent and not in a party-wide thing. this is important for the president for a couple reasons. one of them is his second term agenda which we're looking at the challenges of in a "huffington post" series called "the road forward." if he wants to go forward, if he wants to complete the job on health care and on bank regulation and on immigration and on a whole host of things, he's got to beat the republicans politically. he's got to beat them on spending, and he's got to back them into a corner politically. he's got a chance to be more consequential in a second term -- this is usual -- >> what's his one, two, three agenda. >> gun control, immigration reform, and number one is what chuck was grilling him on today, which is his strategy on beating the republicans on debt and spending. >> fiscal victory -- >> then immigration and gun control. >> is that how you see it one, two, three, chuck? >> he can't do anything until the budget showdowns are over. >> right. >> and they can't be piecemeal. you're not going to
was in the senate, when he was a u.s. senator, he voted against raising the debt ceiling. and he said it was a lack of leadership that had brought us to this point. and so i would, at the beginning of this congress, hope that the president would make this a new start, where we could look at this, and that we'll actually get a budget in place. the senate hasn't passed a budget now for four years. the president, unfortunately, yesterday, said that he's going to delay his budget. even though the law says that he's supposed to submit the budget by february 4th. that is concerning to me. that we are on auto pilot. that the federal government continues to grow, continues to -- we're continuing to spend more money, and we need the president to join in this effort to get our fiscal house in order. >> you're quoted in telling politico that a government shutdown seems surely possible. you said in part that i think it's possible that we would shut down the government to make sure president obama understands that we're serious. and the point president obama is making, and has been making, especially this week,
that the president of the united states voted six years ago against raising the debt ceiling. connell: are they to gather on it? speaker boehner, we cut a deal, but he does not have the votes to do it. are there more together than we think? >> they tend to bring the caucus around a central focus. obviously, the debt ceiling is important. you will see some real coalition around the boehner real. you know, hopefully that is something that is sealable and relevant to the white house. it used to be pay-as-you-go. connell: times have changed. dylan glenn, thanks a lot. dagen: is lawmakers screw up or interest rates going up? peter hayes oversees more than $100 billion in assets. good of you to be here. they mess up on raising the debt ceiling, do you think interest rates will shoot up or what can we expect in terms of that market? >> expect volatility. the bottom line is you will see volatility. the longer we go and connell talked about some of the issues in washington, how you get there, missing payments and so forth. it will get messy. they seem to react only when their backs are against
voting record as a senator against raising the debt ceiling. how is that different, the reporters wanted to know from his current position in which he wants to raise the debt ceiling? but you don't hear much about his contradictory stand in the mainstream media. why not? let's go to our news watch panel, ellen ratner is bureau chief and fox news contributor. radio talk show host mary walter also with us. welcome to you both. mary, what about that. in 2008 president obama was on the campaign trail, you know, bragging about the fact that he had, you know, voted against raising the debt ceiling. that was at a time when our national debt was much smaller than it is now stpheu don't know, jon, round like a little romnesia doesn't it? this is what happens. this is what they do. you're not going to hear it from the media, because have you ever noticed whenever something happens with this administration there is always a special circumstance witness, there is always a reason why it's not hypocrisy this time. there's also a reason why it's different this time. and that's their way of i guess kind
'd never use the debt ceiling to negotiate. there's been three or four deficit deals reached during debt ceiling negotiations. that's what they've been used for in the past. in fact, you voted no on raising the debt ceiling in 2006, and some other things. and then to see him actually, he looked shocked that his loyal cadre of acolytes that someone would actually broach the subject that, you know, that he actually had a tough time answering. >> i think it shows the position he's in, though. he gets attacked from the right and the left. >> he doesn't get attack. the questions i want asked are never asked of him anywhere. >> he should come on "squawk." >> that's not going to happen. >> i'll get out. is that possible? >> no. >> i had a story but we'll talk about that one later. >> what's your story? >> we'll do it later in the broadcast. >> about nerds? >> what else would it be about? you want me to talk to here? i'm going to talk to here. coming up this morning's top stories, plus we're going to hop behind the wheel with nissan ceo carlos ghosn at the detroit auto show. first check this out
an extension of the debt ceiling, that's not an act of courage. it's an act of sheer hypocrisy and an act of coward es. these same republicans have voted to spend. they voted for spending bills to send money to afghanistan, to send money to iraq, to send money into their own districts, to give money to oil companies. they've already voted for these spending bills, and now they're saying when it's time to actually pay the bill for their votes wropt to do it. it's the equivalent of anybody who goes to put something on their credit card and then calls the credit card company and says even though i bought it and used it, i don't feel like paying for it. i can understand them voting against spending. that's one thing. but don't vote for spending and then say i refuse to pay the bill and threaten the full faith and credit of the united states government, trigger an increase in interest rates, and thwart our economic recovery. that is just irresponsible. it is hip critical, and it is what is wrong with washington and it will fundamentally hurt our economy to make some cheap partisan hypocritical
voted against raising the debt ceiling back then. now he says it's irresponsible. something he was doing yesterday in his press conference in the east room which was confrontational at times. he was bringing out the i'm going to scare you card at times. he said if these guys don't work this out in congress you're not going to get your social security. there are so many people using the expression default. republicans are going to wind up defaulting on our debt. the only way you can default on the federal debt is if the treasury says we're tphrot going to pay -- we're not going to pay the interest on the debt. pat too toomy, the senator from pennsylvania has got a fact where they prioritize where the first thing we're going to do, we're going to pay the debt. then we're going to payed social security and veterans and so on. that plan is gaining currency with a number of republicans in the congress. >>gretchen: it's all about how you sell it. one of the ways in which president obama was successful in being reelected was the way in which he simplified the process, in the way he chose buzzwo
be the two senators supporting them in the fiscal cliff negotiation sandy relief debt ceiling. we should be supporting frank lautenberg, and bob menendez, and me, i have a job to do here in new york. >> and in the latest poll, 42% of the voters say they would vote for cory booker, 20% would into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. introducing a revolutionary new mascara. clump crusher...crusher. 200% more volume. zero clumps. new clump crusher from easy, breezy, beautiful covergirl. from easy, breezy, beautiful ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insuran
not support raising the debt ceiling without reducing government spending statement. wendell, a government shut down, is that something that really might happen? neither side is ready to blink yet. he has laid out they are ready to compromise if possible that could lead to a government shut down although probably not right away. president obama suggested right before the u.s. the people at home might be told they have to wait for their money. >> if congressional republicans refuse to pay america's bills on time social security checks and veteran's benefits will be delayed. we may not be able to pay our military air traffic controllers specialist who track down lose nuclear materials wouldn't get their paychecks. >> that's not default but credit agencies would likely downgrade america's rating that would raise the cost of borrowing money. ben bernanke says it's very, very important congress avoid this. >> republicans know it is not the first thing that would come from not paying all of our bills. from their view ever increasing debt is not an answer. house speaker john boehner says the cons
, that the consequences of failing to increase the debt seal ceiling are real, but so also are the results of allowing our spending problem go unresolved. president obama said he is open to discussing deficit reductions, but only after congress first pay this bills that the country already owes. >> the federal government takes a larger chunk of paychecks. that's because during the fiscal cliff debate, congress allowed a temporary cut in social security taxes to expire, mean that social security taxes have increase thousand by 2%. economists anticipate the payroll increase tax hike will reduce u.s. house hold incomes by a collective $125 billion this year. >>> a another brutely cold night and into tomorrow morning. it is going to be freezing and below freezing once again. a look here at the pattern. we remain with the trough to the east of us. a ridge of high pressure to the west, but this ridge is slowly nudging east, and eventually, by midweek wednesday and lasting into the weekend, it will be overis, and that is going to bringis warmer weather. so warmer weather on the horizon, it's not going to be here
out president obama voted against increasing the debt limit as a senator. john boehner said that the debt is endangers children's future, that the consequences of failing to increase the debt seal ceiling are real, but so also are the results of allowing our spending problem go unresolved. president obama said he is open to discussing deficit reductions, but only after congress first pay this bills that the country already owes. >> the federal government takes a larger chunk of paychecks. that's because during the fiscal cliff debate, congress allowed a temporary cut in social security taxes to expire, mean that social security taxes have increase thousand by 2%. economists anticipate the payroll increase tax hike will reduce u.s. house hold incomes by a collective $125 billion this year. >>> a another brutely cold night and into tomorrow morning. it is going to be freezing and below freezing once again. a look here at the pattern. we remain with the trough to the east of us. a ridge of high pressure to the west, but this ridge is slowly nudging east, and eventually, by midw
the responsibility on me to raise the debt ceiling i'm happy to do it. >> pam: the president is also warning republicans to not insist on spending cuts in exchange for rasing the debt limit. the government could run out of money and shut down in march if a deal is not reached. >> former president george h-w bush is out of the hospital for the first time in nearly two months. he was discharged today. after spending several weeks being treated for bronchitis, a bacterial infection and a persistent cough his spokesman said. bush is able to go home without any special medication, but he will do physical therapy, doctors said. the 88-year-old former president said he's "deeply grateful" to the doctors and nurses who took care of him and for all the cards and well-wishes. >> jacqueline: take a look these temperatures. the low 40's. 45 in daly city. 40's in vallejo. the livermore airport. as we look ahead for the next few days. 20's and 30's. we are going to be a little bit warmer in the afternoon wednesday morning, things will be a little bit warmer. and for the afternoon temperatures. low 50s for
them in the fiscal cliff negotiation sandy relief debt ceiling. we should be supporting frank lautenberg, and bob menendez, and me, i have a job to do here in new york. >> and in the latest poll, 42% of the voters say they would vote for cory booker, 20% would vote for current senator frank lautenberg. and 60% of all new jersey voters polled have a favorable view of booker, compared to 5% who have a favorable view of lautenberg. and he is here, cory booker. first of all, mayor, i have to thank you for getting me here tonight. i was scheduled on a flight to jfk. they had mechanical difficulties, i went across the airport, went to a place called newark, new jersey, which it turns out has an airport with lights and everything. and you can land at night in new jersey. who knew? did you do that? >> i had nothing to do with that. but i appreciate you -- putting praise on one of america's gr t greatest cities. >> and it was so much faster getting there -- >> look, one of the businesses, jobs, discovering newark, new jersey, suddenly people are waking up to the discovery, hey, it is
to negotiate with republicans about raising the debt ceiling. >> if the republicans in congress have made a decision that they want to shut down the government in order to get their way, then they have a vote in the house of representatives to do that. >> the problem, that's what they say they're going to do. great to see you birthday. david, the president himself saying, i acknowledge it, a government shut-down is a possibility. cathy mcmorris rogers of washington state told politico, i think it's possible we would shut down the government. so here we are, we're getting to a problem. treasury secretary tim gietner said mid-february/march is as far as he can go. who blinks first? >> this is like one of the situations in the monkey cage at the zoo where the monkeys bang their chole their chests and look as powerful as possible. the president is escalating this situation. no 14th amendment option. do it my way or we plunge the public credit of the united states into bankruptcy. and the republicans are responding equivalently by saying to the president, we're not scared. we're not scared of
park with the latest. then, jean sperling is here with the debt ceiling debate. what that means for the economy as the house prepares to vote on a package for hurricane sandy victims. one republican congressman says we need to consider big budget cuts to pay for that. congressm congressman mick mulvanel will tell us about his big plans. first, we'll talk about facebook. julia boorstin is live with the latest on that. good morning. >> good mormg. i expect 120 reporters and bloggers to be here, to be facebook's big mystery announcement. the social network has done a great job. face book hasn't leaked a thing. i expect mark zuckerberg to unveil a new product, something to improve users''s experience rather than a back-end change. consider the priority that zuckerberg and sandberg are making, i don't think the announcement will be a facebook phone. whatever it is, you can bet there will be obvious implications for facebook's bottom lines. what are the options? a new app store, a new gaming platform to compete with zynga and lots of talk about facebook's work on a social search engin
to a lot of the big fights on the fiscal cliff and debt ceiling that conservatives who are in the majority want to cut federal spending and they'll do it however they need to. >> understood. dana bash, thanks so much. >>> practice makes perfect even on the steps of the u.s. capitol. rehearsals have been under way complete with stand-ins for the first family. president obama will take his oath twice. on sunday, january 20th, he'll use first lady michelle obama's family bible. and on monday during the public ceremony, he'll use two other bibles. one of them belonged to president lincoln. it's the same one will be used in 2009 during the inauguration. the second bible belongs to civil rights leader dr. martin luther king jr. king's son joins me now from washington. we're so glad you're here. >> thank you. i'm honored to be here today. >> you wrote an op-ed, even your description of the bible is touching. you say it's faded and some of the pages are torn. tell us how your father, dr. king, used that bible. >> well, number one, we found that when he was pastoring or preparing a sermon, his firs
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